Mohr Real Estate Group

Mohr Real Estate Group

515 Fairview AV Arcadia CA 91007 MLS #AR26148733

515 Fairview AV
Arcadia, CA, 91007
$12,800,000
Beds
0 Baths
0 SqFt
1.03 Acres
Add
Add
$12,800,000
515 Fairview AV
Arcadia, CA, 91007
MLS #AR26148733 image #0MLS #AR26148733 image #1MLS #AR26148733 image #2MLS #AR26148733 image #3MLS #AR26148733 image #4MLS #AR26148733 image #5

Property Description


Rare development opportunity in the heart of Arcadia’s core commercial district, within the acclaimed Arcadia school district. The property sits on approximately 44,900 sq. ft. and consists of 2 buildings with 22 apartment units, fully occupied year-round — one of the most sought-after investment offerings in Southern California.The key upside is development potential: up to 40 dwelling units per acre (40 DU/AC), a rare opportunity for investors and developers. Buyers should independently verify specific development conditions with the City of Arcadia.
Surrounded by a golf course, the L.A. County Arboretum, Santa Anita Park, a USC-affiliated hospital, major shopping centers, dining, schools, and major transportation corridors. Excellent location, strong demographics, and rare value-add development potential.

Property Details

Price:
$12,800,000
MLS #:
AR26148733
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
605arcadia
Listed Date:
Jul 8, 2026
Total Sq Ft:
20,210
Lot Size:
44,896 sqft / 1.03 acres (approx)
Year Built:
1963
605 – Arcadia605arcadia

Schools

Interior

Flooring
WOOD, CARP
Laundry Features
AR

Exterior

Common Walls
NCW
Community Features
SUB
Garage Spaces
46
Parking Spots
46
Parking Total
46

Financial

Net Operating Income
$423,200
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515 Fairview AV
Arcadia, CA
The Mohr Real Estate Group

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